Koninklijke Boskalis Westminster N.V. : Boskalis contracted for Dutch Room for the River project at Veessen-Wapenveld Papendrecht, 3 July 2013 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by the Vallei en Veluwe district water board for the construction of the Veessen-Wapenveld high-water channel in the province of Gelderland, the Netherlands. The project is one of the more than 30 measures that make up the Dutch national Room for the River program, which is aimed at providing better flood protection for areas close to the country's rivers.The work, which will be executed in conjunction with Van Hattum en Blankevoort in the IJsselweide construction consortium, is scheduled to start after the summer. The contract represents a value of around EUR 75 million of which Boskalis' share is 50%. Room for the River The high-water channel will be between 500 and 1,500 meters wide and will be formed by building two dikes of around 8 kilometers long between the villages of Veessen and Wapenveld. In addition to this new contract Boskalis is already involved in several other major hydraulic engineering projects in the context of the government's Room for the River program. These include the Lower Rhine project, which involves adapting four flood plains along the river between the towns of Renkum and Rhenen, the Deventer project, where a total of six secondary channels of the IJssel river are being dug along a length of 10 kilometers, and the Noordwaard project near the town of Gorinchem, where an area is being 'depoldered' to allow the New Merwede river to flow more rapidly during periods of excess rainfall. Boskalis' strategy is aimed at benefitting from key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change. This project is largely driven by climate change. Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the offshore energy sector including subsea, heavy transport, lifting and installation (through Boskalis Offshore and Dockwise) and towage and salvage (through SMIT). It also has strategic partnerships in the Middle East (Archirodon) and in terminal services (Smit Lamnalco). With a versatile fleet of over 1,100 units Boskalis operates in around 75 countries across six continents. Including its share in partnerships, Boskalis has approximately 15,600 employees. This press release can also be found on our website www.boskalis.com. FOR FURTHER INFORMATION Investor Relations: Martijn L.D. Schuttevâer email@example.com Press: Arno Schikker firstname.lastname@example.org T +31 78 6969310 F +31 78 6969020 PDF version of this press release Artist impression of the project ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Koninklijke Boskalis Westminster N.V. via Thomson Reuters ONE HUG#1714123
Koninklijke Boskalis Westminster N.V. : Boskalis contracted for Dutch Room for the River project at Veessen-Wapenveld
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